Arbeitspapier
How would a permanently Refundable Child and Dependent Care Credit affect eligibility, benefits, and incentives?
The federal Child and Dependent Care Credit (CDCC) subsidizes child care costs for working families. Before 2021, the CDCC was nonrefundable, so only families with positive tax liability after other deductions benefited. I estimate how CDCC eligibility, benefits, and marginal tax rates would change if the credit were made permanently refundable, relative to 2020 CDCC parameters set to be restored in 2022. Under refundability, some 5 percent of single parents gain eligibility and receive on average over $1,000 annually. Eligibility increases are largest among Black and Hispanic households. Increases in marginal tax rates among moderate-income taxpayers are small.
- Sprache
-
Englisch
- Erschienen in
-
Series: Upjohn Institute Working Paper ; No. 21-344
- Klassifikation
-
Wirtschaft
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
Fertility; Family Planning; Child Care; Children; Youth
Time Allocation and Labor Supply
- Thema
-
Child and Dependent Care Credit
marginal tax rates
eligibility
refundability
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pepin, Gabrielle
- Ereignis
-
Veröffentlichung
- (wer)
-
W.E. Upjohn Institute for Employment Research
- (wo)
-
Kalamazoo, MI
- (wann)
-
2021
- DOI
-
doi:10.17848/wp21-344
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pepin, Gabrielle
- W.E. Upjohn Institute for Employment Research
Entstanden
- 2021
Ähnliche Objekte (12)
Leaving "Hotel California": How Incentives Affect Flows of Benefits in the Netherlands
Leaving "Hotel California" : How Incentives Affect Flows of Benefits in the Netherlands
Introducing Family Tax Splitting in Germany: How Would It Affect the Income Distribution and Work Incentives?
Introducing family tax splitting in Germany: how would it affect the income distribution and work incentives?
Introducing Family Tax Splitting in Germany : How Would It Affect the Income Distribution and Work Incentives?
Farm savings accounts: Examining income variability, eligibility, and benefits
How Does Pension Eligibility Affect Labor Supply in Couples?
Designing Disability Insurance Reforms: Tightening Eligibility Rules or Reducing Benefits?
How do incentives affect creativity?
Introducing Family Tax Splitting in Germany: How Would It Affect the Income Distribution, Work Incentives and Household Welfare?
Introducing Family Tax Splitting in Germany : How Would It Affect the Income Distribution, Work Incentives and Household Welfare?
Who benefits from benefits? Empirical research on tangible incentives
Leaving "Hotel California": How Incentives Affect Flows of Benefits in the Netherlands
Leaving "Hotel California" : How Incentives Affect Flows of Benefits in the Netherlands
Introducing Family Tax Splitting in Germany: How Would It Affect the Income Distribution and Work Incentives?
Introducing family tax splitting in Germany: how would it affect the income distribution and work incentives?
Introducing Family Tax Splitting in Germany : How Would It Affect the Income Distribution and Work Incentives?
Farm savings accounts: Examining income variability, eligibility, and benefits
How Does Pension Eligibility Affect Labor Supply in Couples?
Designing Disability Insurance Reforms: Tightening Eligibility Rules or Reducing Benefits?
How do incentives affect creativity?
Introducing Family Tax Splitting in Germany: How Would It Affect the Income Distribution, Work Incentives and Household Welfare?
Introducing Family Tax Splitting in Germany : How Would It Affect the Income Distribution, Work Incentives and Household Welfare?
Who benefits from benefits? Empirical research on tangible incentives
Leaving "Hotel California": How Incentives Affect Flows of Benefits in the Netherlands
Leaving "Hotel California" : How Incentives Affect Flows of Benefits in the Netherlands
Introducing Family Tax Splitting in Germany: How Would It Affect the Income Distribution and Work Incentives?
Introducing family tax splitting in Germany: how would it affect the income distribution and work incentives?
Introducing Family Tax Splitting in Germany : How Would It Affect the Income Distribution and Work Incentives?
Farm savings accounts: Examining income variability, eligibility, and benefits
How Does Pension Eligibility Affect Labor Supply in Couples?
Designing Disability Insurance Reforms: Tightening Eligibility Rules or Reducing Benefits?
How do incentives affect creativity?
Introducing Family Tax Splitting in Germany: How Would It Affect the Income Distribution, Work Incentives and Household Welfare?
Introducing Family Tax Splitting in Germany : How Would It Affect the Income Distribution, Work Incentives and Household Welfare?